Venezuela’s economic development is progressing steadily. According to economist Avilio Lavarca, deposits of strategic minerals, such as iron and bauxite, can contribute to this process.

Lavarca recently indicated that “Venezuela possesses more than 48 minerals to boost the country’s economic development, thanks to a study conducted by the Ministry of Ecological Mining Development.”

He insisted that these minerals are key to the sector’s development and added: “In Venezuela, we have been seeing great progress in mining, which unlocks great potential for our country.”

The economist pointed out that the South American country possesses almost all the minerals on the periodic table; These sectors have already been identified, as well as the number of deposits in the territory, which are strategic for the nation’s development.

M.Pino

Source: notitarde

(Reference image source: omid roshan on Unsplash)

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